Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cAPSLOCK
on 05/09/2025, 04:12:50 UTC
⭐ Merited by JayJuanGee (1)
<snip>
But at our current point I am quite confused.  

<snip>Even in the presence of all these things... the cycle continues.

Bitcoin does not care.



I agree with the confusion part, not 100% agree with the second, but don't disagree either...it just remains to be seen.
Some guy (who speaks a bit like the "mad hatter" from "Alice in wonderland") proudly predicts MSTR bankruptcy scenario in 2026.

I don't buy it necessarily, but MSTR gyrations is something bitcoin would have to endure at some point.
It may be at least moderately likely that bitcoin would at some point undergo a secular bear market, but I don't envision this happening until 8-10 tril in market cap (or maybe even higher).

It seems that a lot of hodlers are uncertain about the state of the market rn.

Ah... well if your disagreement with part 2 is about the cycle...  well... I disagree with what I said as well.  Wink  Or a significant part of me does.

I think the cycle must continue to influence the price, but in less dominant ways at least eventually.  I have a hard time imagining this cycle having the same swings as the past ones.  But I have been anticipating us breaking out of that for quite a while now.  So I suppose I am hedging my position.

I am still (more quietly) a true believer in an S curve and amazingly even to me, do not think we have seen the real leg up yet.

Samson Mow talks about an "omega candle".  I think hes probably onto something.  We will see...